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officials ahead of an announcement in next week. i i'm charles payne in for neil cavuto. this is "your world." desantis says he's the only one that can beat president joe biden. we'll dig into that in just a moment. first to mark meredith in washington keeping track of this. mark? >> good afternoon. there's no doubt about it. the 2024 race is underway. we'll see two well known republicans jump in to the race. fox learned ron desantis will file his presidential campaign work within days. as you imagined, he's been out there on the road in these battleground states. today he made stops...

2000 workers, by the way, to a state that everybody is leaving that has high taxes, disney and the ceo are making a big mistake here. >> and i would agree with you. i think the -- right now each of them are backed in to the corner. iger is backed in the corner with florida and desantis is backed in a corner with disney. iger needs to focus on what is happening to his company. after the weak earnings, after the ad revenues, after the streaming issues, those are all things that iger has to start paying attention to and shouldn't be escalating this fight with desantis at all. not because it's rig...

Happening. >> what is all this going to do to inflation and supply chain situations. we have seen u.s. markets before president biden start talking. the dow is down 700 point ps p pairing the losses down about 400 points right now on pace for its fourth straight losing day. oil prices, the world benchmark hit above $99 a barrel. fresh 7-year highs. retreating a bit in u.s. oil prices down $91.50. the higher oil prices go will drive up gasoline prices. fresh 7-year high. 3.53 a gallon. up 23 cents in a month. this means they will see higher costs for transportsing goods,

Now the demonstrate began on december the 17th. that's after a young man burned himself to death to protest government policies. a week later, the oil price there up by $3.50 a barrel. coming at $91.50. when the egyptian revolution started, oil had come back down again. it was down to $86.19. a week after that, it was up $6 a barrel. and since february the 15th, when thousands took the streets in bahrain here, you see the start of another spike. it's been climbing since then and may, indeed, rise further. it's interesting if you look at developments in libya. libya here, libya is actually very...

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